September 17, 2021

The BSE Limited Corporate Relationship Department. PJ. Towers. Dalal Street, Fort Mumbai - 400 001

SCRIP CODE: 543066

SECURITY: Equity Shares/Debentures

Dear Sirs,

The National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex. Bandra (E), Mumbai - 400 051

SYMBOL: SBICARD

SECURITY: Equity Shares

Re: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform that M/s. S. Ramanand Aiyar & Co., Chartered Accountants, (Registration No 000990N) vide their letter dated September 16, 2021 have given acceptance to their appointment as the Statutory Auditors of the Company for the Financial Year 2021-22 w.e.f. September 16, 2021, pursuant to the letter No./CA.V /COY /CENTRAL GOVERNMENT, SBICRD (1)/ 1771 dated September 13, 2021, issued by the office of the Comptroller and Auditor General of India {CAG).

Brief Profile as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 is annexed herewith.

Kindly take the same on record.

Thanking you,

Yours faithfully,

yment Services Limited

Company Secretary & Compliance Officer

Enclosed: As above

S81 Cards and Payment Services Ltd. (fo,merly known •• S81 Card• and Payment Service• Pvt. Ltd.)

Dlf Infinity Towers, Tower C,

12th Floor, Block 2, Building 3,

DLF Cyber City, Gurugram - 122002,

Haryana, India

Tel.: 0124-4589803

Email: customercare@sbicard.com

Website: sbicard.com

Registered Office:

Unit 401 & 402, 4th Floor, Aggarwal Millennium Tower,

E 1,2,3, Netaji Subhash Place, Wazirpur, New Delhi - 110034

CIN - L65999Dl 1998PLC093849

S. RAMANAND AIYAR & CO. CHARTERED ACCOUNTANTS

Strictly confidential I

PROFILE

Ill Background-$. Ramanand Aiyar & Co. (SRA)

• SRA was established in the year 1950, by 'Late Shri. S. Ramanand Aiyar' who had dedicated his entire life for the profession of Chartered Accountancy with dignity and professional values.

• The firm was restructured to make way for establishing itself to have a pan India presence by joining hands with experienced professionals having their professional practice in major cities of the country.

S. Ramanand Alyar & Co.

SRA's presence (Branches) and experience

Accumulated years Partners experience

R. Balasubramanian

Lalitha Krishnamurthy

Vidhi Aggarwal

HimaniJain

Puneet Jain

Gaurav Arya

43 Amit Singhvi

38

11

10 Venkatesan Ravi Kumar

10

10 Nitesh Gupta

Sonu Kumar Singh 6

Binod Chandra Maharana Mano· Pra·a ati '

30 P. Parasuram Ramesh MS

10

12

36

10

21 34

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Mayank Saklecha 7 Archana S Matta 13

Korba

Ahmed a bad

1 Partner

Ernakulam

1 Partner

Gurugram 1 Partner

Mumbai 3 Partners

New Delhi

7 Partners

Indore ... 1 Partner

Kolkata 1 Partner

Bengaluru

2 Partners

Bhopal 1 Partner

S. Ramanand Aiyar & Co.

Ill On panel of Our Firm is empaneled with:

~ Comptroller and Auditor General of India ~':f}. (Audit o~ Government companies including Insurance companies . Reserve Bank of India

(Audits of branches of nationalized banks)

Securities and Exchange Board of India

Income Tax Department ~ (Special Audits under section 142(2A) of Income , -~~

Tax Act, 1961)

S. Ramanand Aiyar & Co.

• Statutory Audit {Government Co. , private Co., NGO's, Section 25 companies, Public Co., foreign Co.- as per Ind AS & IGAAP

• Internal Audit

• Management Audit

• Process Audit

• Compliance and certifications

• Digital Banking Solution- Implementation & Management

• Implementation, Compliance and Certification for Internal Controls on Financial Reporting

2 , Direct Taxation

(including

International

Taxation

• Corporate Tax Advisory Services

• Tax Compliance Services

• Form 3CEB, TP study, CBCR, APA

• Representation to authorities -up to ITAT level

Detailed Scope of services offered can be provided on request.

4. Indirect Taxation

I

5. Others

f1lliiiifl ~f1lliiiifli • GST returns, data

collation, assessments, Audits, litigation up to CESTAT level

• Drafting Arrangements

• Raid matters,, department visits etc.

• Impact analysis

• Pre-facto structuring

• FEMA advisory, Compliance, and representation

• MCA filings and petitions

• Search and Survey appeals and assessments

• M&A and due Diligence reports and Assessments

• Due-Diligence

• IPO Certification

S Ramanand Aiyar & Co. 6

Ill Work Experience

Ill Banking and Financial Institutions (BFl)-Audit

Listed Companies/Entities

• Statutory Central Statutory Audit Corporation Bank {F.Y. 2017-18 to FY 201.9-20)

• Reserve Bank of India (Northern Region) (2010-2012)

Statutory Audit

Bank Branches ►City Union Bank (2021) ►Karnataka Bank (2021) ► Jam mu and Kashmir Bank Limited (2014-15 to

2016-17) ►Allahabad Bank (2015-16 and 2016-17) ►Canara Bank (2010 - 2013) ►Bank of India ►Oriental Bank of Commerce ►Syndicate Bank ►Union Bank

S. Ramanand Aiyar & Co.

Ill BFI- Audit (Contd.}

Concurrent/ other Audit

Concurrent Audit of Branches of Bank ►IDBI Bank, UCO Bank, Bank of India, Dena Bank ►Canara Bank of India ►Oriental Bank of Commerce ►Union Bank of India ►Indian Overseas Bank ►Export Import Bank of India (2006-07 to 2008-09) ►PNB, Allahabad Bank, Central Bank

Forensic Audit (On Bank's behalf) ► Forensic Audit of certain entities conducted on behalf Punjab National Bank

Bank Branch Stock Audit ►Bank of India, Andhra Bank, PNB, Central Bank of India, Union Bank of India, Axis Bank

Inspection of Mutual Funds ►GIC Mutual Fund ►DBS Mutual Fund ►Kotak Mahindra Mutual Fund (KMMF) ►India Bulls Mutual Fund (System Audit) ►Axis Mutual Fund (AMF) ►Franklin Templeton Mutual Fund ►Baroda Mutual Fund (BMF)

Shinhan Bank ►Special Dealing Room Audit as per RBI­Internal Control Guidelines (ICG) ►Concurrent Audit of Treasury Department at HO Citi Bank ►Documentation Review

S. Ramanand Alyar & Co.

Ill BFI- Specific work experience in relation to

NBFC

SBI Cards and Payment Services Limited {Subsidiary of the State Bank of India) ►Statutory Audit -F.Y. 2017-18 {under IGAAP) and F.Y. 2018-19 to F. Y. 2020-21 (under Ind AS) ►Reporting under NBFC Auditor's report (Reserve Bank) Directions, 2016 ►Statutory certification for IPO ► Review of conversion from IGAAP to Ind AS

Tata Capital Financial Services Ltd {TCFSL) ►Concurrent Audit of Advances made by the TCFSL ►Concurrent Audit of credit monitoring activities

Tata Cleantech Capital Limited (TCCL) ►Concurrent Audit of Advances made by the TCFSL ►Concurrent Audit of credit monitoring activities

S. Ramanand Aiyar & Co.

Ill Insurance Sector

Statutory Audit Public sector • Divisional Offices of- United India Insurance Company Limited,

The Oriental insurance Company Limited and National Insurance Company Limited

• Divisional Offices of- of UC of India (Bangalore Division 2) Private sector • Pramerica Life Insurance Company limited (previously DHFL

Pramerica life Insurance company)

Branch internal audits: Reliance Life Insurance Company Limited, Bajaj Allianz Life Insurance Company Limited and Birla Sunlife Insurance Company

Limited

S. Ramanand Alyar 8c Co.

Ill Government Audits

Internal/ Concurrent Audit

• IRCTC- Indian Railway Catering and Tourism Corporation- Internal Audit (F.Y. 2020-21 and 2021-22)

• The State Trade Corporation of endia Limited -Internal Audit (F.Y. 2017-18 to 2019-20)

• The Nuclear Power Corporation Of India Limited -Internal Audit for Narora, Rawatbhata and Tarapur Division (F.Y. 2018-19 to 2020-21)

• NTPC Ltd- PF Trust (2020-21)

• Jndraprastha Institute of Information Technology

• Indian Institute of Foreign Trade

• Central Warehousing Corporation- ICD Patparganj, Delhi (2019 to 2022)

• National Horticulture Board ( S Centers)

Public Sector Undertaking Audit

• MP Warehousing & Logistics Corporation

• MSRLM Maharashtra State Rural Lively Mission

• MKVDC Maharashtra Krishna Valley Development Corporation

Other Government Audits

• MP State Tech E-Panchayat Society (MPSTEPS)

• MP State Health Society

• National Health Mission - Govt. of Maharashtra

• Zila Panchayat Dhar, Indore, Burhanpur, Khandwa, Khargoan, Jhabua, Alirajpur, Barwani Bhopal, Raisen, Sehore, Vidisha & Rajgar

• Urban Administration & Development, Indore, Dhar & Sanawad

S. Ramanand Aiyar & Co.

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Head Office:

Thank You/ Thanking and assuring of our best services at all times

708 Surya Kfran Buildfng, 19 Kasturba Gandhi Marg, New Delhi 110 001

011-2331 9284/ 2335 2721/ 91 9811079732

Bala@sraco io Mumbai I Kolkata I Jndorel Bhopal! Gurugram I Ernakulam I Ahmedabad I Bengaluru I Korba